Investment Ideas During Market Correction Periods

The market has been increasingly sluggish during this period. As of the time of writing, the price of Bitcoin has dropped to over $58,000, and the price of Ethereum has fallen to over $2,900.

Other altcoins have plummeted even more. Many readers have left messages saying that altcoins are becoming disconnected from Bitcoin and Ethereum.

Not only have the coin prices dropped sharply, but the enthusiasm for some projects is also rapidly waning, such as Merlin.

In a staking group I belong to for Merlin, when it was surging, group members were excited every day and rushing to stake; now, they are cursing the project and the coin price daily.

Has Merlin changed? In fact, nothing has changed.

The problems it faces have always existed, and its existing advantages are still there.

It's just that the market has changed, and emotions have shifted.

I don't want our readers to feel this way.

I am not surprised by this market trend at all, because as long as the market has not entered a bull market, anything can happen. Moreover, it is quite normal for prices to drop during a bear market.

If we are still sticking to our strategy, there is no reason to panic.

On the contrary, we can take this opportunity to sort out the assets we hold.

For the adjustments in Bitcoin and Ethereum, we don't need to worry at all; just hold on.

For the accelerated decline of altcoins, I will handle it on a case-by-case basis.

For some leading projects in niche sectors, such as those with strong consensus, I might even buy in when the price is right, like ORD.

I remember that in an earlier article and during the last Twitter exchange, a reader asked if ORD could still be bought. At that time, the price of ORD was around $70 to $80. I replied that I would consider buying only if ORD dropped to around $50.

Well, as of the time of writing, ORD has already fallen to $34, which I think is a good price, so I bought some.

Will it continue to drop in the short term? Of course, it's possible.

But I am not looking at the short-term market trends; I am looking at its future performance in a bull market. I believe it still has significant potential ahead.

For some projects I still have confidence in, I will continue to hold and not sell in this situation. All the assets I hold are in this category.

For projects I am not optimistic about, I will either switch them out or completely liquidate them. So far, I do not have any assets in this category.

Some investors may easily develop doubts or even lose confidence in their holdings during such market conditions. I suggest that such investors do not need to hesitate or waver; they should directly convert those uncertain assets into Bitcoin and Ethereum.

From the feedback of many of our readers, I can clearly sense that in the hearts of many investors, whenever the market is sluggish, they still trust Bitcoin and Ethereum the most. What truly causes anxiety for investors is the altcoins.

So from this perspective, to live better and more peacefully, I want to emphasize the proportion of Bitcoin and Ethereum in our crypto asset allocation—at least 50%. I even suggest raising this proportion higher.

The higher this proportion, the stronger the sense of security will be.

In a bear market, such significant drops are actually quite common. Every time we encounter such a drop, if we let the sharp decline of altcoins cause us worry, anxiety, or even affect our lives, it would be better to be more conservative and cautious, allocating more to Bitcoin and Ethereum.